Form 4: TheRealReal CFO Sells Shares to Cover Tax Obligations
SEC Form 4
Ajay Madan Gopal, CFO of TheRealReal, Inc., sold 102,386 shares of common stock to cover withholding taxes related to the vesting of an equity award.
Summary
- On February 20, 2025, Ajay Madan Gopal, the Chief Financial Officer of TheRealReal, Inc., sold 102,386 shares of the company's common stock.
- The sale was executed at a price of $6.8956 per share.
- This transaction was conducted to satisfy withholding taxes payable in connection with the vesting of an equity award.
- Following the transaction, Gopal directly owns 1,327,198 shares of TheRealReal, Inc.
Sentiment
Score: 6
Explanation: The document describes a routine transaction (sale of shares to cover taxes). It's neutral to slightly positive as it reflects compensation being realized.
Industry Context
Sales of shares to cover tax obligations upon vesting of equity awards are a common practice among corporate executives and do not necessarily indicate a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 02/20/2025 | Date of transaction: CFO Ajay Madan Gopal sold shares. |
| 02/24/2025 | Signature date of the Form 4 filing. |
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